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Result of PKF Consulting and Colliers International Hotels Merger |
| SAN FRANCISCO, CA, May 1, 2007 � PKF Consulting, a real estate consulting
firm specializing in the hospitality industry, today announced the formation
of PKF Capital, a multi-service hotel brokerage firm. PKF Capital
is the result of the merger of PKF Consulting�s Capital Markets Group and
Colliers Macaulay Nicolls Inc�s. (CMN) Colliers International Hotels� (US)
operations.
In addition to the integrated research and brokerage services of the two companies, PKF Capital also will offer clients access to capital markets through their sister company, Cohen Financial. �PKF Capital will offer comprehensive hotel real estate investment advisory services to the hospitality market in the U.S.,� said Bob Eaton, former executive managing director of Colliers International Hotels USA and current executive managing director of PKF Capital. �We provide a single source for the hotel investment community to access in-depth market research, brokerage services, and capital. The new firm encompasses the best assets of its legacy companies.� PKF Capital is headquartered in San Francisco and includes current CMN operations in San Francisco, Los Angeles and Seattle. It also will include the former PKF Capital Markets Group with offices in Houston, Dallas and Indianapolis. �We anticipate new cities and locations will be established over the next several years as we continue to expand our services in the US,� Eaton said. Colliers International Hotels (Canada) will continue to be affiliated with the new PKF Capital. Bill Stone, its executive managing director, said, �We are excited about our U.S. counterpart�s broadened service platform and their plans for U.S. expansion.� The following is a list of the offices and contacts for PKF Capital.
About PKF Consulting PKF Consulting, headquartered in San Francisco, is a consulting and real estate firm specializing in the hospitality industry. PKF Consulting has offices in Boston, New York, Philadelphia, Washington DC, Atlanta, Indianapolis, Houston, Dallas, Bozeman, Los Angeles, and San Francisco (www.pkfc.com). About Cohen Financial Cohen Financial (cohenfinancial.com) is a national real estate capital services company and an originator of commercial debt and equity transactions. Cohen combines in-depth market expertise, passion for their work and a willingness to break new ground to provide the ultimate customer experience for their clients. Colliers Macaulay Nicolls Inc. (CMN) Colliers Macaulay Nicolls Inc. (CMN) and certain of its subsidiaries are independently owned and operated businesses and member firms of Colliers International Property Consultants (CIPC), an affiliation of independent companies with over 240 offices throughout more than 50 countries worldwide. CMN is the largest member firm of CIPC and provides a full range of services to real estate users, owners and investors worldwide. These services include brokerage, property management, hotel investment sales and consulting, corporate services, valuation, consulting and appraisal services, mortgage banking and research. Through greater knowledge and specialization, CMN strives to accelerate the success of all its clients, partners, professionals, management and staff. CMN is a FirstService Company (Nasdaq: FSRV; TSX: FSV.SV) and can be found on the Web at http://www.colliersmn.com. |
| Contact:
Bob Eaton
|
.